This article describes the formula syntax and usage of the RRI function in Microsoft Excel.


Returns an equivalent interest rate for the growth of an investment.


RRI(nper, pv, fv)

The RRI function syntax has the following arguments.

RRI returns the interest rate given nper (the number of periods), pv (present value), and fv (future value), calculated by using the following equation:

RRI equation



Copy the example data in the following table, and paste it in cell A1 of a new Excel worksheet. For formulas to show results, select them, press F2, and then press Enter. If you need to, you can adjust the column widths to see all the data.

=RRI(96,10000,11000)Returns an equivalent interest rate for the growth of an investment of $10,000 with a future value of $11,000, for 8 years (0.012, or 1.2%).0.0009933

Leave a Reply

Your email address will not be published. Required fields are marked *

Open chat
ভর্তি/সার্টিফিকেট তথ্য জানতে ক্লিক করুন
Scan the code
আস সালামু আলাইকুম। বিস্তারিত জানতে/ কল করতে ক্লিক করুন Open Chat বাটনে